1551 Michigan Ave · Miami Beach, FL 33139 · South Beach

Lincoln Place

2-story low-rise, completed 1954, 14 residences in South Beach. 2 for sale and 2 for rent on Nov 2, 2026.

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At a glance Lincoln Place (1551 Michigan Ave, South Beach) is a 2-story, 14-unit building completed in 1954. As of Nov 2, 2026, 2 units are for sale and 2 are for rent; the median closed price was $474 per square foot over 3 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
2
For rent
2
Median $/SF
$4743 sales · 12 mo
Sold
3last 12 months
Built
1954
Floors
2
Residences
14county
Flood zone
AEFEMA
Owner-occupied
50%
Avg. unit
474sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Lincoln Place.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

The read on Lincoln Place.

Activity as of Nov 2, 2026
  • Sells in a median 287 days. Days on market across the 3 sales closed in the last 12 months.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Lincoln Place is a low-rise condominium of two floors at 1551 Michigan Ave in South Beach, built in 1954. County folio records count 14 residences, averaging 474 SF of living area.

Two units were for sale on November 2, 2026, asking $227K to $255K ($454 to $510/SF). Three sales closed between November 2, 2025 and November 2, 2026, from $175K to $237K, a median $474/SF, after a median 287 days on the market. That 12-month median ranks 63rd of the 83 South Beach buildings with at least three sales in the same window.

Two units were offered for rent at $2,000 to $2,100 a month. Two leases were signed over the same 12 months, at $1,550 and $1,800 a month.

County records show 50% of residences as owner-occupied.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1551 Michigan Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1954
Floors
2
Residences (county-verified)
14
Owner-occupied
50% of residences
Avg. unit size
474 sq ft
Total living area
6,640 sq ft
County condo folios
14
Recorded MLS listings
26

The numbers at Lincoln Place.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2023 to 2026. Count in the tooltip.

$290$580$4852023$5802024$4202025$5102026$290$580$4852023$5802024$4202025$5102026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)2$510*2$1,675/mo*
20251$420*1$1,800/mo*
20241$580*4$2,000/mo
20232$485*2$2,000/mo*
2022––3$2,200/mo
2021––1$1,600/mo*
2020––5$1,300/mo
2019––1$1,400/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 6 sales · 19 leases on record since 2023

Closed sales Nov 2, 2024 to Nov 2, 2026 · 3

UnitBDBASFAskedClosed$/SFClose dateDOM
1011500$237,000$237,000$474Jul 8, 2026469
401320$174,000$175,000$547Mar 11, 20263
611500$225,000$210,000$420Dec 18, 2025287

Leases signed Nov 2, 2025 to Nov 2, 2026 · 2

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
1101320$1,600/mo$1,550/mo$4.84Oct 26, 202640
811500$1,800/mo$1,800/mo$3.60Oct 13, 202628

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Lincoln Place.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Nearby

Around Lincoln Place

5 more nearby

Smaller buildings close by: Celestial Arms (50 m) · The Exotic Villas (80 m) · The Sabine (140 m) · The Ibiza (180 m) · Marquesa (310 m) · 735 (320 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Lincoln Place's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

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Looking here?

Get alerts when a unit lists or sells

When a unit at Lincoln Place lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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